United Photovoltaics announces acquisition of 40 MW plant in Shandong


The board at United PVG announced completion of the acquisition on October 20th 2016, in compliance with the terms of the share transfer agreement. Haiyang-xin will now operate as a wholly owned subsidiary, with all results, assets and liabilities consolidated into those of United Photovoltaics Group Limited.

Haiyangxin owns and operates a grid connected solar plant with a 40 MW capacity. The plant is located in Yantai City, in China’s Shandong Province.


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